Press Release - 27.04.2005

Acquisition of lignite-fired Bobov Dol 630 MW power station in Bulgaria

PUBLIC POWER CORPORATION




                                                                         PRESS RELEASE


PPC S.A. expands in South-East Europe.
Acquisition of lignite-fired Bobov Dol 630 MW power station in Bulgaria.



PPC made today its first successful investment growth step outside Greece. As announced by Bulgaria/s Privatisation Agency, PPC won the international tender for the privatization of lignite-fired Bobov Dol 630 MW power station.

PPC thus advances in the implementation of a basic strategic objective of its Business Plan. The acquisition of Bobov Dol opens the way for the expansion of PPC/s power generation and trading activities in the broader Regional Energy Market of South-East Europe.





27 April 2005